Look at those kicks. Meet Kick Avenue! They're an Indonesian marketplace that just raised a $2.9M Series A. But they're not just any marketplace — they've got collectible sneakers, luxury items and streetwear.

Investor check. Korea's KREAM and Malaysia's SneakersLAH co-led the round — both are fellow marketplaces.

• They last raised a seed led by Insignia Ventures Partners in 2019!

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👟 What are those?

Founded in 2017, they started out as a marketplace for sneakers from global and local brands like Adidas, Nike, Ventela and more.

Here and now. In 2019, they started expanding to new categories: apparel and luxury. They now sell tons of different sneakers, clothes and luxury items for men, women and children!

• All kinds. Buy brand new, used, pre-ordered and pre-verified items!

Beyond just the sneakerheads! Expanding to new categories unlocked a larger range of customers.

• Cop those oh-so-rare kicks for your younger brother, get that new BAPE t-shirt for your streetwear-loving friend or get that iconic Chanel handbag for your girlfriend.

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🤔 How it works

They have buyers and sellers on the platform, with items sourced from sellers on the platform (or sourced by Kick Avenue themselves!)

• Keepin' it real. All products on their marketplace are authentic, so you and I can shop safely and conveniently — no trust issues here!
• The price is right. They help make sure their prices on the platform are fair and competitive.

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💰 What's with the $$$?

They'll be leveling up the buying and selling experience, including launching a physical (yes, physical!) showroom! They'll also be expanding further into the luxury category.

• Let's get physical. This showroom will bring in new customers, offer a wider selection of items and add the benefits of an in-person shopping experience.